Come on... The PR that these companies referenced as "the Kat Exploration REE find/property/whatever" only showed elevated amounts of REE's... Elevated does NOT mean that something is there.
That makes as much sense as KAT writing in a PR, "We are working on our Lucky Property with Vale, which just drilled Red Cliff with Cornerstone and found .5% Cu."
It's just premature hyping from those other companies...
If our assay's came back with good %'s and widths of mineralization, then that's one thing, but they had 7.5m of .164% TREO...
A 7.5m cube at .164% is only 1.62 lbs. of metal... Hardly anything to be proud of...
Extend that to 200m down (still 7.5m x 7.5m) and it's only 43.19 lbs. of metal...)
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